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susanne-mccormac
New Member

Since I filed using turbo tax, and had to pay a fee to their bank, will the IRS have my bank info for stimulus package?

 
3 Replies
ColeenD3
Expert Alumni

Since I filed using turbo tax, and had to pay a fee to their bank, will the IRS have my bank info for stimulus package?

Turbo Card and Stimulus Deposits - What you need to know

 

In order to deliver money as quickly as possible to those who need it, the IRS is sending stimulus payments to eligible taxpayers who filed a tax return in either 2019 or 2018 and chose to receive their refund via direct deposit into their checking account.  These taxpayers will automatically have their stimulus payment deposited into the account they received their refund.

We have not yet received confirmation from the IRS on whether they will be putting stimulus payments on prepaid debit cards.  However, we have noticed that the IRS has started depositing stimulus payments on some prepaid debit cards for taxpayers that chose to receive their refund through that method in tax year 2019 or 2018.  If you received your refund on a prepaid debit card in tax year 2019 or 2018, here is what you need to know:

  • I have access to my debit card: If you have access to your debit card (most people), there is nothing more you need to do.  If the IRS deposits a stimulus payment onto your prepaid debit card, you will be able to immediately use the stimulus funds upon deposit.
  • I don’t have access to my debit card: If you received a notification that you will be receiving your stimulus payment from the IRS on your prepaid debit card and no longer have access to it, we will have information coming shortly.  We encourage you to visit this site, where we are continually updating with the latest information and guidance. We know everyone is anxious to get their stimulus money and we are committed to helping our customers get access to their stimulus payment as fast as possible.
buny2486
New Member

Since I filed using turbo tax, and had to pay a fee to their bank, will the IRS have my bank info for stimulus package?

What about those filers whose choose to have the remainder of their return direct deposited to their bank and NOT the Turbo card???

SusanY1
Expert Alumni

Since I filed using turbo tax, and had to pay a fee to their bank, will the IRS have my bank info for stimulus package?

@buny2489

 

If you provided your bank account information on your tax return, the IRS has that information.  If your account was one that was affected by the recent processing error, TurboTax has been working with the IRS to ensure that they have the proper information for a second attempt to deposit funds directly into customer bank accounts in the next day or two. 

 

If you have not received your payment by January 15, 2021, AND your status remains "unavailable" at Get My Payment, then you will claim your credit when you file your tax return.

 

Please allow a few days after the 15th for the mailing of any check or debit card issued by the IRS.

 

You will find the most current updates posted here: IRS Updates on the Second Stimulus and here: TurboTax updates on the second stimulus.  Both of these sites will continue to be updated as more information becomes available.  

 

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